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Mexico shares lower at close of trade; IPC down 0.47%

Published 01/11/2017, 08:29 am
Updated 01/11/2017, 08:30 am
Mexico shares lower at close of trade; IPC down 0.47%

Investing.com – Mexico equities were lower at the close on Tuesday, as losses in the Industrials, Telecoms Services and Financial Services sectors propelled shares lower.

At the close in Mexico, the IPC fell 0.47% to hit a new 3-month low.

The biggest gainers of the session on the IPC were Industrias Penoles Sab De CV (MX:PENOLES), which rose 5.03% or 21.35 points to trade at 445.69 at the close. Becle SA (MX:CUERVO) added 2.03% or 0.610 points to end at 30.710 and Kimberly - Clark De Mexico A (MX:KIMBERA) was up 1.32% or 0.430 points to 33.010 in late trade.

Biggest losers included Gruma SAB de CV (MX:GRUMAB), which lost 3.39% or 8.80 points to trade at 251.13 in late trade. Grupo Televisa SAB Unit (MX:TLVACPO) declined 2.40% or 2.06 points to end at 83.93 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) shed 2.09% or 1.330 points to 62.180.

Advancing stocks outnumbered falling ones by 134 to 114 and 4 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.44% or 5.60 to $1272.10 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.89% or 0.48 to hit $54.63 a barrel, while the January Brent oil contract fell 0.02% or 0.01 to trade at $61.08 a barrel.

USD/MXN was up 0.07% to 19.1611, while EUR/MXN rose 0.07% to 22.3127.

The US Dollar Index Futures was up 0.07% at 94.45.

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